Global Trade Alert
Global Trade Alert

Philippines: DBP provided a PHP 900 million loan facility to Johndorf Ventures Corporation

Announcement

24 Aug 2023

In August 2023, the state-owned Development Bank of the Philippines (DBP) provided a PHP 900 million (USD 15.88 million) loan facility to Johndorf Ventures Corporation (JVC) to fund the company's housing construction project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Aug 2023

Revocation date:

No revocation date

Updated: 24 Aug 2023
State loan In force

On 24 August 2023, the state-owned Development Bank of the Philippines (DBP) provided a PHP 900 million (USD 15.88 million) loan facility to Johndorf Ventures Corporation (JVC) to fund the company'...

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